Key Insights as of Jun 2025

Market Demographics
Population size

1,084,000 people

Population growth rate

0.18 %

Age distribution

37.3 years

Household size

3.2 people

Household composition

60 %

Education levels

45 %

Economic Indicators
Median household income

5,400 USD

Employment rate

43 %

Dominant industries

Tourism, Retail, Construction

Cost of living index

33.8 index

Consumer Spending & Buying Power
Retail sales per capita

2,000 USD

Disposable income

4,500 USD

Spending behavior - apparel

15 %

Spending behavior - dining

28 %

Spending behavior - electronics

10 %

Competition & Retail Presence
Existing retail mix

Supermarkets, Fashion, Electronics

Market saturation

Moderate

Presence of anchor tenants

Carrefour, Goodwill

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

600 USD/month

Property values

561 USD/sq m

Zoning laws

Flexible

Business permits

Low

Availability of retail space

Increasing

Proximity to major roads

High

Public transportation access

Good

Parking availability

Moderate

Traffic & Accessibility
Pedestrian traffic

High

Vehicle traffic

Moderate

Public transport accessibility

80 %

Commute times

30 minutes

Work patterns

9-5

Psychographics & Consumer Lifestyle
Shopping preferences

In-store

Brand affinity

International

Consumer loyalty

Moderate

Entertainment and leisure trends

Dining, Tourism

Crime Rates & Safety
Public safety measures

Adequate

Tourism & Seasonal Factors
Tourist spending

500 USD/tourist

Tourist footfall

1,000,000 visits/year

Major local events

Tbilisi Festival

Seasonal attractions

Summer, Winter

Online vs. In-Store Shopping Trends
E-commerce penetration

20 %

Click-and-collect adoption

Low

Local preference for in-store shopping

80 %

Retail & Mall Performance
Total retail space

500,000 sq m

Retail space per capita

0.46 sq m/person

Projected growth in retail space

5 %

Sustainable retail demand

High

Consumer Behavior & Spending
Grocery market share - Retailer 1

Carrefour, 25 %

Grocery market share - Retailer 2

Goodwill, 20 %

Grocery market share - Retailer 3

Spar, 15 %

Consumer spending patterns

Value-driven

Grocery expenditure trends

Increasing

Luxury retail performance

Low

Top mall shopping preferences

Tbilisi Mall, East Point

Shopping trips to other cities

10 %

Key drivers for mall visits

Anchor tenants, Dining

Preferred brand categories - Luxury fashion

Low

Preferred brand categories - Value fashion

High

Competitive & Site Analysis
Number of existing malls

5 count

Total retail footfall

10,000,000 visits/year

Retail market gaps

Luxury retail

Trade area population

1,500,000 people

Retail potential in catchment area

High

Projected retail growth rate

7.65 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

High

Walkability score

70 index

Road infrastructure & car access

Good

Parking capacity in comparable malls

1,000 spaces

Surrounding land use & future developments

Mixed-use, Residential